WARNING: This is Version 1 of my old archive, so Photos will NOT work and many links will NOT work. But you can find articles by searching on the Titles. There is a lot of information in this archive. Use the SEARCH BAR at the top right. Prior to December 2012; I was a pro-Christian type of Conservative. I was unaware of the mass of Jewish lies in history, especially the lies regarding WW2 and Hitler. So in here you will find pro-Jewish and pro-Israel material. I was definitely WRONG about the Boeremag and Janusz Walus. They were for real.
Original Post Date: 2002-07-18 Posted By: Jan
From the News Archives of: WWW.AfricanCrisis.Org
Date & Time Posted: 7/18/2002 2:27:22 PM
UN: The Worst is yet to come in Zimbabwe
Addis Ababa – The forcible occupation of white-owned farms in Zimbabwe had contributed to the deepest economic crisis in the country’s history, one which is set to worsen, the United Nations (UN) warned yesterday in a damning report. “Zimbabwe is currently a crumbling economy facing a grave crisis,” the UN Economic Commission for Africa said in its annual overview of the economic health of states on the continent. “The land issue is at the heart of Zimbabwe’s national economic crisis,” it said, adding that President Robert Mugabe’s government showed a “tendency for inconsistency. Land redistribution should go hand in hand with good governance to protect output and jobs”. “The economy has been contracting since 2000 and the outlook for 2002 shows an increasing incidence of food insecurity, poverty, inflation and worsening balance of payments.” Zimbabwe “is facing the worst crisis in its history”, said Patrick Esea, the director of the commission’s economic, social and political division.
The report said the occupation of farms, coupled with poor weather conditions, had led to “the lowest agricultural performance in recent years”. In May Zimbabwean Finance Minister Simba Makoni said the country’s overall economy shrank by 7,3% in 2002, while the agricultural sector suffered a decline of more than 12%. The commission’s report projected negative growth of 5% for 2002 and noted that 75% of the country now lived in poverty. It explained that a sharp decline in exports and inflation had undermined financial stability and prompted dramatic capital flight.
Source: Business Day (SA)
Published: Thu 18-Jul-2002